Easy Office
LCI Learning

Cash flow statement

This query is : Resolved 

02 January 2009 Is purchase of foxed assets deducted & sale of fixed assets added in cash flow statement in investing activities?
If yes then why?

03 January 2009 Purchasing of any asset means a Investment, that everyone should know.
In cash flow statement, every inflow of cash means addition and outflow means deletion.
By purchasing we have to expend money, that is outflow of funds, thats why we have to deduce it from cash flow statement. Likewise we should add if its a sale.

**DM



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query